Would have rocketed at $5m even cos that would have been 50% revenue growth YoY alone (FY21 $10m).
Yeah they lost 5% of revenue (and PLY said "less than $500k) from being hacked ($500k/$8.3m) and the stock gave up 1/3rd of the yesterday's gain. Give me a fn break.
I just checked Bloomberg, 388k shares were short sold yesterday, the highest on record. Prior to yesterday, there were usually between 10k to 30k short sold shares. That explains the extreme decline in share price today, probably a combination of people taking profit and shorters covering positions.
Anyway, the damage has been done. The shorters got what they wanted.The company's fundamentals unchanged. The outlook for Beans unchanged. Next.
Would have rocketed at $5m even cos that would have been 50%...
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
73.5¢ |
Change
0.015(2.08%) |
Mkt cap ! $299.9M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 75.0¢ | 69.5¢ | $376.5K | 521.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2747 | 73.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 75.0¢ | 33024 | 4 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| PLY (ASX) Chart |